The Role (Financial Restructuring)
Our Financial Advisory team is expanding, and we are looking for a talented and ambitious individual at Assistant Director level with a financial advisory or banking background to join our growing team in London.
This is an excellent opportunity to work alongside our established team who will support you to utilise and enhance your advisory skills. You will work alongside some of the most experienced practitioners in the field advising the boards, management teams, lenders and shareholders of companies which are underperforming and/or facing any financial stress that requires some form of balance sheet restructuring. It is anticipated the role will cover areas from stressed refinancings and covenant resets through to complex balance sheet restructuring (that may require insolvency and other restructuring tools as a delivery mechanism) and will allow you to seamlessly link into the wider Teneo network across multiple jurisdictions.
As an Associate Director in the team, you will have the opportunity to work and lead on a diverse range of engagements across numerous sectors and geographies, with plenty of responsibility for leading workstreams, managing junior staff and supporting Directors and Managing Directors in client-facing delivery.
The Financial Advisory Team at Teneo
Teneo’s global Financial Advisory business advises corporates, creditors and other financial stakeholders in situations of financial stress and distress. No two situations are the same. Our advice and approach is tailored to each situation and each client. At Teneo, we believe such occurrences present new opportunities for our clients. Opportunities to restore value, raise new capital, pivot in a new direction and ultimately, identify certainty amidst chaos. Teneo partners with clients to find viable opportunities that will protect and enhance value and help them to build strategies that will most benefit their business and/or investment goals.
Integrating the disciplines of financial advisory, management consulting, investor relations, strategic communications, government affairs, risk analysis and talent advisory, Teneo’s global Financial Advisory team guides companies and their stakeholders through periods of uncertainty and stress. We help address the challenges a business faces, whether that is targeted performance improvement to Financial Advisory, or delivering a route to recover value, our focus is delivering certainty from uncertainty.
Key Responsibilities
Client service
- Manage parts of the engagement, providing support to the Managing Director/ Director (or often directly to Senior Managing Director) in managing external stakeholders.
- Support management teams in preparing and challenging business plans, short term cash flow forecasts and Financial Advisory plans.
- Providing comprehensive financial restructuring and cash management services to identify working capital and other cash flow improvements.
- Reviewing and stress-testing integrated business plans, budgeting and forecasting models using a fact-based, data driven approach, including KPI definition, data visualization, reporting automation and touchless forecasting.
- Ability to prepare and/or review detailed, integrated 3 statement (profit & loss, cashflow and balance sheet), discounted cashflow (DCF) and leveraged buy-out (LBO) financial models.
- Prepare report outputs that may range from business plan documentation and board reports when working for a company, through to preparation of independent business reviews when working for creditors.
- Develop, analyse and present Financial Advisory options using input from other teams, e.g. insolvency or tax analysis, sector and financial modelling. Liaise with the Company’s legal advisors to understand key aspects of legal documentation and also drive any documentation processes (term sheets, waivers, loan documentation etc.)
- Preparation of engagement letter(s) and ensuring adherence to all compliance requirements to support financial and risk management.
- Apply an understanding of engagement economics.
Knowledge acquisition
- Build client relationship skills, sector knowledge and continue to develop leadership skills.
- Continue to build technical expertise, broader business advisory and people management skills.
- Understand the market, topical issues and our Financial Advisory propositions.
People and leadership
- Support practice and talent development.
- Provide on-job coaching and development to staff.
- Develop junior staff outside of jobs through appraising and mentoring.
- Support wider Financial Advisory training initiatives.
- Manage diverse teams within an inclusive team culture where people are recognised for their contribution.
Business development
- Start to own elements of business development including actively supporting business development activities, building and expending your own contact network and supporting Director/ Managing Director-led marketing and sales activities.
- Participate in existing business development programmes and key client accounts.
- Identify opportunities to expand jobs as well as opportunities to provide wider Teneo services to existing clients.
- Take responsibility for leading marketing initiatives aimed at specific channels to market, or events.
Key Skills & Experience
- Qualified accountant (ACA/ACCA or equivalent) or CFA
- Financial Advisory experience gained either as an advisor within a professional services company, consultancy or investment bank; as an analyst in a debt or special situations funds. An understanding of debt markets, banking, loan agreements and other relevant financial and legal documentation.
- Understanding of financial statements and related data to assess historical financial performance and future outlook for client companies and prospects.
- Good understanding of the Financial Advisory marketplace, its trends, and key players (principals and advisers).
- Very strong analytical skills, including: business analytics, business planning, short term cash flows, financing options. A basic understanding of insolvency legislation and practice is not a prerequisite but helpful.
- Excellent interpersonal skills.
- Strong project management skills, with ability to lead mid-large teams and develop people.
- Ability to conduct business in fluent oral and written English is a pre-requisite.
What can we offer you?
New joiners are supported by a week-long induction programme, and continuous improvement is achieved through a structured and tailored programme that suits your career development.
As well as this we offer a whole host of benefits and reward including;
- Competitive Salary
- 28 days holiday
- Discretionary Bonus Scheme
- Cash benefits allowance
- Pension Scheme
- Extensive investment in personal development & learning
- Enhanced maternity and paternity leave (depending on length of service) and shared parental leave
- Group Income protection
- Life assurance
- Cycle to work schemes
- Regular social, cultural and charitable activities
About Teneo
Teneo is the global CEO advisory firm. We partner with our clients globally to do great things for a better future.
Drawing upon our global team and expansive network of senior advisors, we provide advisory services across our five business segments on a stand-alone or fully integrated basis to help our clients solve complex business challenges. Our clients include a significant number of the Fortune 100 and FTSE 100, as well as other corporations, financial institutions, and organizations.
Our full range of advisory services includes strategic communications, investor relations, financial transactions and restructuring, management consulting, physical and cyber risk, organizational design, board and executive search, geopolitics and government affairs, corporate governance, ESG and DE&I.
The firm has more than 1,500 employees located in 40+ offices around the world.
